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Feb 19, 2013
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while agreeing with the president on revenue, errse the former clinton white house chief of staff says he needs to push both sides. >> we're going to have to push the white house on health care. push the republicans on revenue. what we've tried to do is make enough cuts in health care to slow the rate of growth on a per capita basis to the rate of the growth in the economy. in our opinion that takes $600 billion to do over a ten-year period. >> reporter: maria, even if erskine bowles and alan simpson are successful in that, it's not likely to be before march 1st. this is all happening in public. private negotiations are not going on it. may be, as erskine bowles and alan simpson suggested today, that we need a public backlash from the consequences of some of those sequester cuts before there's enough heat for washington to make a deal. >> deja vu again. these speeches sound more and more alike. thanks, john. mergers and acquisitions are heating up. what's the next biggie coming down the pipe? i'll speak about the nysi deal come up. >> and china's cyber attack. what america can do to wa
while agreeing with the president on revenue, errse the former clinton white house chief of staff says he needs to push both sides. >> we're going to have to push the white house on health care. push the republicans on revenue. what we've tried to do is make enough cuts in health care to slow the rate of growth on a per capita basis to the rate of the growth in the economy. in our opinion that takes $600 billion to do over a ten-year period. >> reporter: maria, even if erskine...
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Feb 20, 2013
02/13
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we did it under clinton. we did it under reagan. we did after world war ii. in fact from a new book we did it under calvin coolidge so smaller government means less burden and better private sector but let me just break these numbers. >> hold up for just a second. you know how this works in television. let's get to phil lebeau with the tesla newspaper and come back to the conversation on sequestration. >> a wider than expected loss from tesla in the fourth quarter, loss of 65 cents a share versus the estimates on the street of 55 cents a share. revenue coming in stronger than expected, coming in at $306 million. three headlines we want to point out. first of all, the company reconfirming that it expects to produce 20,000 model-s sedans in 2013. that was the target they put out there. they are reconfirming that that will happen this year. second of all, now expect to be profitable in the first quarter of this year as opposed to late this year which was the previous guidance so expect it to be profitable soon, and finally reservations for the mold-s. this is im
we did it under clinton. we did it under reagan. we did after world war ii. in fact from a new book we did it under calvin coolidge so smaller government means less burden and better private sector but let me just break these numbers. >> hold up for just a second. you know how this works in television. let's get to phil lebeau with the tesla newspaper and come back to the conversation on sequestration. >> a wider than expected loss from tesla in the fourth quarter, loss of 65 cents...
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Feb 1, 2013
02/13
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look, hillary clinton did a lot of traveling. she's a bright woman. she was not a policymaker. she operated under obama. leon panetta spoke out against the budget cuts in defense and that's one of the reasons he's gone. that's one of the reasons he's gone. in other words, obama wants people who are just going to take his marching orders. that's the way i look at it. >> the dangerous thing, though, is that unlike hillary, this guy can't even stick to the script. so how could obama send him out to people? how could he remember his lines? i mean, it's really sort of an epic moment that i don't think the country would be safe or well served by. >> she is at least articulate. >> i think he's going to be confirmed anyway, as awful as that sounds. democrats are going to confirm him. that's the life we live in. that's the country we live in, jennifer ruben. thank you very much for your reporting. also thanks to art laffer and michelle caruso-cabrera for being with us this evening. i appreciate it. >>> now we're going to stick with national security. we have reports today that the chine
look, hillary clinton did a lot of traveling. she's a bright woman. she was not a policymaker. she operated under obama. leon panetta spoke out against the budget cuts in defense and that's one of the reasons he's gone. that's one of the reasons he's gone. in other words, obama wants people who are just going to take his marching orders. that's the way i look at it. >> the dangerous thing, though, is that unlike hillary, this guy can't even stick to the script. so how could obama send him...
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Feb 22, 2013
02/13
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i was there when we had to shut it down twice in the '90s under bill clinton. air traffic control will exempt. air traffic control will continue as will law enforcement. tsa should continue to work. the repairs come out of the trust fund and so that is already funded. regular rank and file faa, inspectors, et cetera will be subject to furlough. but air traffic controllers are exempt. repairs are budgeted already and tsa law enforcement. i think travellers won't see it right away and some of this is a scare tactic, but that's washington. that's how washington works. >> you got that. mary scavvo thanks for being with us. >> jason has a buy rating on the stock with a hundred dollar price target. jason, you just heard mary and phil lebeau say the 787 matter could be solved and planes back in the air by early april, late march on the most optimistic time line. what does that do to boeing and its stock? >> certainly constructive for the stock. but i don't think well be fully out of woods by then. we've got to keep in mind this at least a 090-day process. for the faa
i was there when we had to shut it down twice in the '90s under bill clinton. air traffic control will exempt. air traffic control will continue as will law enforcement. tsa should continue to work. the repairs come out of the trust fund and so that is already funded. regular rank and file faa, inspectors, et cetera will be subject to furlough. but air traffic controllers are exempt. repairs are budgeted already and tsa law enforcement. i think travellers won't see it right away and some of...
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Feb 19, 2013
02/13
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he was at biden's big party in december, he was at hillary clinton's house, you saw just last month. no, i wasn't there. i thought it was a story about power and the return to power, and in a city where people drop people at a whiff of trouble -- >> the mayor never dropped him. >> i think many of his friends never dropped him. i thought it was an interesting sort of look at both steve and new york. >> what he was accused of, what we're talking about here, i'm shocked. that louis renault at its best, isn't it? like that was never done before? >> it was done, by the way, not just done for his case, but carlisle and about nine other -- >> don't show langone. so, this board gives me rates for progressive direct and other car insurance companies? yes. but you're progressive, and they're them. yes. but they're here. yes. are you...? there? yes. no. are you them? i'm me. but those rates are for... them. so them are here. yes! you want to run through it again? no, i'm good. you got it? yes. rates for us and them -- now that's progressive. call or click today. we all work remotely so this is
he was at biden's big party in december, he was at hillary clinton's house, you saw just last month. no, i wasn't there. i thought it was a story about power and the return to power, and in a city where people drop people at a whiff of trouble -- >> the mayor never dropped him. >> i think many of his friends never dropped him. i thought it was an interesting sort of look at both steve and new york. >> what he was accused of, what we're talking about here, i'm shocked. that...
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Feb 6, 2013
02/13
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and ceo of honeywell international and finally roger altman, former deputy secretary under president clinton. let's talk with buzz words we hear again and again, a balanced approach to balance and spend. people have their own views what balanced and fair means. you spend time talking to people inside the white house. what does that mean in practice? >> you go back over the past year, the word balance has really meant what is the long way to get long term fiscal debt reduction and fiscal responsibility between revenue and spending cuts. i think today that discussion of balance has actually migrated to one of also timing, the idea of what is good for the short term to get the recovery on track versus what is good for the long term, in terms of getting obviously debt to gdp to a manageable level. from my perspective, a balance today says recognizing that government has an important part, in terms of the short term keeping the recovery going. you saw last quarter, gdp flat. why? the biggest component of that, government spending, down a point and half. >> why don't we see then the obama administ
and ceo of honeywell international and finally roger altman, former deputy secretary under president clinton. let's talk with buzz words we hear again and again, a balanced approach to balance and spend. people have their own views what balanced and fair means. you spend time talking to people inside the white house. what does that mean in practice? >> you go back over the past year, the word balance has really meant what is the long way to get long term fiscal debt reduction and fiscal...
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Feb 19, 2013
02/13
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we learned in the 1990s when bill clinton was president nothing shrinking the deficit faster than a growing economy that creates good, middle class jobs. that should be our driving focus, making america a magnet for good jobs, equipping our people with the skills required to fill those jobs, making sure their hard work leads to a decent living. those are the things we should be pushing our sefs to think about and work on every single day. that's what the american people expect. that's what i'm going to work on every single day to help deliver. so i need everybody who is watching today to understand you got a few days, congress can do the right thing, we can avert just one more washington manufactured problem that slows our recovery and bring down our deficits in a balanced, responsible way. that's my goal, that's what would do right by these first responders, that's what would do right byamerica's middle class. that's what i'm going to be working on and fighting for, not just over the next few weeks but over the next few years. thanks very much, everybody. thank you guys for your service. >
we learned in the 1990s when bill clinton was president nothing shrinking the deficit faster than a growing economy that creates good, middle class jobs. that should be our driving focus, making america a magnet for good jobs, equipping our people with the skills required to fill those jobs, making sure their hard work leads to a decent living. those are the things we should be pushing our sefs to think about and work on every single day. that's what the american people expect. that's what i'm...
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Feb 7, 2013
02/13
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hillary clinton, you think she's going to run 2016? >> i have no idea if hillary is going to run or not. if she did i think she'd be an outstanding candidate and president. but i have no idea. >> if she doesn't, is joe biden your guy? >> i don't have a guy. i think that there were -- actually i do think there are a number of very good people. the party will be very well served -- would be very well served by any one of a goodly number of people. and i think much more importantly, there are massively important issues about the role of government, the public investment that we need to have, fiscal restraint. reform and education and energy and so much else. who the next president is is very important. i think there are a number of very good democrats to carry that. >> carry the torch? okay. bob rubin, thank you for being here this morning. >> you're more than welcome. >> come on back. we've got to do this more frequently. >> okay. >> i've got to try. coming up we have breaking economic data around the corner. closely watched weekly joble
hillary clinton, you think she's going to run 2016? >> i have no idea if hillary is going to run or not. if she did i think she'd be an outstanding candidate and president. but i have no idea. >> if she doesn't, is joe biden your guy? >> i don't have a guy. i think that there were -- actually i do think there are a number of very good people. the party will be very well served -- would be very well served by any one of a goodly number of people. and i think much more...
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Feb 1, 2013
02/13
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>> and don't forget treasury of course and obviously today is hillary clinton's last day. so we'll see big changes over there as john kerry will now take over as secretary of state. so a lot of changes here for barack obama. obviously this is typical when you have a second term but of course it's a tricky period for any president to navigate because he's got those familiar faces now parting ways and he's got a whole new crew coming in. >> transportation, too, as my producer points out. and energy one of those that really does have implications for investing. thanks so much. >> yes. >> so is this rally going to continue? on the newsline this morning brian belsky the chief investment strategist with bmo capital markets, good morning to you. >> good morning, carl. thanks for having us. >> what do you make of today and everything that's led up to today starting at the beginning of the year? >> well, i tell you what. this is all about building, quote-unquote, street cred for equities again, rising stock prices do a lot with respect to making people feel better about the institu
>> and don't forget treasury of course and obviously today is hillary clinton's last day. so we'll see big changes over there as john kerry will now take over as secretary of state. so a lot of changes here for barack obama. obviously this is typical when you have a second term but of course it's a tricky period for any president to navigate because he's got those familiar faces now parting ways and he's got a whole new crew coming in. >> transportation, too, as my producer points...
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Feb 21, 2013
02/13
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take a look at the spend cuts from bill clinton's years, 21 to 18% of gdp, we'd boom. reagan, 21 to 23% of gdp, we'd boom. we should not fear a smaller government, we should yearn -- yearn for a more prosperous private sector. >> are the markets telling us we shouldn't be afraid of this? the markets saying we should be afraid? >> i do no i can't discern the market, federal reserve policy, china out there. i'm here to tell you the numbers are -- >> can i editorialize a point? >> i wish you would. >> i'm concerned that the gop just simply doesn't get it. you just lost an election, you couldn't appeal to women, blacks, hispanics, gays, a poll in "usa today" that subjects just 22% of americans, a record low, identifies being republican. >> right. right. >> not about the economic theory, larry, not about our mutual fiscal conservatism, it is about the hearts and minds and owe? what is succeeding going around the country doing what he's doing. >> look, i'm not here to speak for the gop. >> but the -- >> i sometimes advise them. i sometimes advise them. the country wants lowe
take a look at the spend cuts from bill clinton's years, 21 to 18% of gdp, we'd boom. reagan, 21 to 23% of gdp, we'd boom. we should not fear a smaller government, we should yearn -- yearn for a more prosperous private sector. >> are the markets telling us we shouldn't be afraid of this? the markets saying we should be afraid? >> i do no i can't discern the market, federal reserve policy, china out there. i'm here to tell you the numbers are -- >> can i editorialize a point?...